W
MONTHLY MARKET UPDATE — JUNE 2023 UPDATE
ow... where has the first half of
the year gone!! It has been a varied market with many ups and downs, but the market overall has started to follow its traditional seasonal trends. Usually, we are slower in the months of November to end of January whereby we start to increase at the end of January into our spring market. The highest number of sales occur during this time period and then the market slows in the summer months, picking up in the fall till end of November. Even though there are more sales in the Spring, for a seller it is usually better to sell in the shoulder months as there are fewer listings. There has been a small increase in inventory over the month of June which is encouraging as we are still low on available listings for sale. If inventory continues to rise, we may see prices 2481 BEACON AVENUE SIDNEY BC V8L1X9 | 1-877-656-0911 REACHUS@HOLMESREALTY.COM | WWW.HOLMESREALTY.COM When you buy or sell a home with Holmes Realty, a portion of the commission goes in support of local charities. Over $250,000 raised!